Asian shares lower as strong data hit hopes for dovish Fed

A currency trader passes by the screens showing the foreign exchange rates at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 6, 2022. Stocks were mostly lower in Asia on Tuesday after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation. - AP

SINGAPORE, Dec 6 (AP): Stocks were mostly lower in Asia on Tuesday after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation.

Tokyo rose, Shanghai was flat and other regional markets declined. US futures gained and oil prices also advanced.